Before each loan, banks check the applicant’s creditworthiness using a Credit Bureau query. If negative entries are noted in the Credit Bureau, the creditworthiness of the loan seeker is reduced, which often leads to a loan refusal. There are many reasons that can lead to the negative characteristics in the protection association for general credit protection – called Credit Bureau for short.
On the one hand, the change in consumer behavior, particularly through the Internet, means that more and more bills are no longer paid; on the other hand, Hartz IV drives people into poverty, so that not even the smallest things can be paid for by wages. Entries in the Credit Bureau are therefore almost certain. The way out of this seemingly hopeless situation is mostly a Credit Bureau-free instant loan without a credit check.
The Credit Bureau-free instant credit without credit check and its features
A Credit Bureau-free instant loan without a credit check is in the sense a classic Swiss loan. A loan seeker can apply for this form of credit directly from one of the foreign banks, but the rule is the loan brokerage. If the need for money is really urgent, you should choose a suitable credit broker who has to work without any upfront costs. Also, no dubious insurance contracts that are dependent on a loan approval are not legal.
A Credit Bureau-free instant loan without a credit check by means of a Credit Bureau query is possible, but there is no loan without proof of creditworthiness. The banks check the amount and the regularity of the receipt on the basis of the proof of income, as well as an unlimited employment contract. Since the loan amount is limited, a loan of 3,500 dollars, for example, must have a net income that exceeds the garnishment limit by 80 dollars.
Limitation of the loan amount
A Credit Bureau-free instant loan without a credit check is only available in the loan amounts of 3,500 to 5,000 dollars. With a loan amount of 3,500, 11.62% of interest is to be expected. The term is 40 months and the installment amount is $ 105.95 at $ 3,500.
The Credit Bureau-free instant credit without credit check is quick and easy to apply for. All you need to do is fill out an online form and the loan application will be sent quickly. This must be signed and returned to the lender with the required documents, which takes a total of about two to three days. After checking the documents, the loan amount is then transferred to the specified current account, which must be in Germany, the money can also be collected by post.